Mubadala mulls investment in London’s Heathrow Airport, while new PIF unit Alat announces robotics JV with SoftBank
Here’s a look at today's biggest tech stories in the MENA+:
- Mubadala mulls investment in London’s Heathrow Airport
- FedEx invests $350M in Dubai South advanced hub
- Barclay family uses UK businesses as collateral for Telegraph loans
- ADDED, Hub71 to develop regulatory sandbox program
- Emirates Flight Catering buys UAE vertical farm Bustanica
- Alat, Chinese surveillance maker Dahua partner for local manufacturing
- New PIF unit Alat, SoftBank announce robotics JV
- SenseTime investing in local firms in exchange for govt contracts
- Saudi Exchange seeks to expand market offerings, woo foreign listings
- Retail sector targets adding $122B to GDP by year-end
- Egypt expects IMF deal to help clear debts with foreign oil firms
- Saudi-Egyptian alliance to invest $1B in real estate
- Upcoming economic plan targets increased private sector participation
- CIB partners Ripple to boost cross-border payments
- Chevron aims to expedite Narges offshore field development
- PML-N, PPP agree on coalition govt, excludes Khan loyalists
- Pakistan among top 7 countries for YouTube content removals
- PSO eyes Sinopec-Aramco partnership for $10B refinery project
- New data center inaugurated ahead of planned 5G launch
- Twitter down for 4th straight day in many places
Other MENA+ Developments
- Mideast, Chinese SWFs eye joint investment in McDonald’s China unit
- EFG Hermes says 3 IPOs, multiple M&As planned in KSA
- Etisalat by e& gets approval to buy stakes in Bulgarian telcos
- Bahrain EDB secures record $1.7B investments, up 55%
- Oman saw 30% rise in registered SMEs last year
Southeast Asia Developments
- Thailand to offer incentives for companies’ EV transition
- Indonesia digital platforms to pay publishers for content under new rules
- VinFast, BYD enter Indonesia EV race
- Indonesia may become 1st regional member of OECD
- Singapore plans $74M fiber network upgrade
